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Wednesday 29 July 2015
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Active Movers to Watch: Metlife Inc (NYSE:MET), Thermo Fisher Scientific Inc. (NYSE:TMO), Zynga Inc (NASDAQ:ZNGA), McDermott International (NYSE:MDR)

On Thursday, in the course of current trade, Shares of Metlife Inc (NYSE:MET), dropped -0.94%, and is now trading at $56.79.

MetLife, declared that it has loaned $505 million to an investor group comprising associates of Loews Hotels & Resorts, NBCUniversal and Hard Rock International.

The fixed-rate loan, which was used to refinance existing debt, has a term of 10 years. The loan is secured by three AAA four-diamond resort hotels, together with a central support facility all located at Universal Orlando Resort in Orlando, Fla.

MetLife, Inc. provides life insurance, annuities, employee benefits, and asset administration products in the United States, Japan, Latin America, Asia, Europe, and the Middle East.

During an Afternoon trade, Shares of Thermo Fisher Scientific Inc. (NYSE:TMO), climbed 0.16%, and is now trading at $140.26.

Thermo Fisher Scientific stated its financial results for the second quarter of 2015, ended June 27, 2015.

Second Quarter 2015 Highlights

  • Grew adjusted earnings per share (EPS) by 7% to $1.84.
  • Delivered revenue of $4.27 billion.
  • Expanded adjusted operating margin by 90 basis points to 22.3%.
  • Launched a number of new products, counting the Orbitrap Fusion Lumos Tribrid mass spectrometer for proteomics, Q Exactive GC-MS/MS for research and applied markets, and the cloud-enabled QuantStudio 3 and 5 real-time PCR systems for genomics applications.
  • Raised presence in emerging markets by opening a Customer Experience Center in Dubai to serve growing life sciences, healthcare and food safety markets across the Middle East.
  • Expanded bioproduction capabilities in the U.K. with a state-of-the-art facility for manufacturing dry powder media to capitalize on increasing global demand for biotherapeutics and vaccines.
  • Declared agreement to acquire Alfa Aesar for about $400 million to enhance offering of laboratory chemicals, solvents and reagents for research applications; expect to complete transaction by year end.

Thermo Fisher Scientific Inc. provides analytical instruments, equipment, reagents and consumables, software, and services for research, manufacturing, analysis, discovery, and diagnostics worldwide.

Shares of Zynga Inc (NASDAQ:ZNGA), during its Thursday’s current trading session raised 1.13%, and is now trading at $2.68.

Zynga, declared it will report its second quarter 2015 financial results and business outlook on Thursday, August 6, 2015, at about 1:00 p.m. Pacific Time (4:00 p.m. Eastern Time). In conjunction with the quarterly earnings press release, the Company will post administration’s Quarterly Letter to Shareholders to its website at http://investor.zynga.com.

Zynga administration will also host a live Q&A session at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on August 6 to talk about the Company’s financial results and business outlook. Questions may be asked on the call or presented in advance via email to [email protected], and the company will respond to as many questions as possible.

Zynga Inc. develops, markets, and operates online social games as live services played on the Internet, social networking sites, and mobile platforms in the United States, Asia, and Europe.

Finally, McDermott International (NYSE:MDR), lost -1.95% Thursday.

McDermott International declared it has been selected by Saudi Aramco as one of the winners of a global competition for a new Long Term Agreement (LTA) for future brownfield work in various fields in offshore Saudi Arabia.

The LTA, which was signed on June 10, 2015, at Saudi Aramco headquarters in Saudi Arabia, establishes the terms and conditions by which McDermott can bid on future engineering, procurement, construction and installation (EPCI) opportunities in various fields in offshore Saudi Arabia.

McDermott International, Inc. operates as an engineering, procurement, construction, and installation company worldwide. The company operates through three segments: Asia Pacific, Americas, and the Middle East. It focuses on designing and executing offshore oil and gas projects.

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